The development of international trade and the
business activity of companies in foreign markets
over the past decades have completely changed the
state of the global economy. The legal systems of
the states of the world community are harmonized,
associations are created to develop unified rules
for conducting foreign economic activity. Such
activity begins with the preparation of a foreign
economic contract with a foreign counterparty, the
text of which, as a rule, is set out in two
languages. The quality of this document depends on
the lawyer who worked on its preparation, the
competence of the lawyer in the field of private
international law, understanding of the most
important institutions (Incoterms, UN Convention
on Contracts for the International Sale of Goods,
etc.). A characteristic feature of activities in
the field of foreign trade is that entrepreneurs
at various stages enter into legal relations with
other entities, for example, freight forwarders,
freight forwarders, clearing houses, investment
funds, customs authorities.
With regard to customs regulation, every
businessman should remember that Kyrgyzstan is a
full member of the EAEU Customs Union, in the
vastness of which there is a single customs code
that regulates, among other things, the procedure
for conducting customs operations. Those legal
relations that are not regulated by the EAEU
Customs Code are regulated by the internal Law of
the Kyrgyz Republic “On Customs Regulation”.